NEW YORK, May 29, 2023 /PRNewswire/ -- The last-mile delivery market size is set to grow by USD 165.6 billion from 2022 to 2027 progressing at a CAGR of 15.62% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing global e-commerce industry. Here is an Exclusive report talking about Market scenarios with a historical period (2017-2021) and the forecast period (2023-2027). Download Sample Report in minutes!
The report on the last-mile delivery market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
Last Mile Delivery Market 2023-2027 - Market Dynamics
Market Drivers
- Growing global e-commerce industry
- Premiumization of goods and merchandise delivery
- Growing number of warehouses
Market Trends
- Strong focus on technological advances
- Strong focus on offering services to specific end-user segments
- Growing integration of last mile delivery models with courier, express, and parcel companies
Market Challenges
- Operational challenges for last mile delivery companies
- Risks associated with damage to and theft of packages
- Introduction of alternative delivery services
Last Mile Delivery Market 2023-2027: Market Segmentation
The last mile delivery market is segmented by service (B2C and B2B), Application (FMCG, e-commerce, retail, and others), and geography (APAC, North America, Europe, South America, and Middle East and Africa).
The market share growth by the B2C segment will be significant during the forecast period. With the increasing sales of products through e-commerce sales channels, the importance of last-mile delivery is growing significantly. By geography, APAC is projected to contribute 40% growth by 2027. The growth is attributed to the e-commerce market in China, which is the fastest-growing in APAC.
Insights on the market contribution of various segments, including country- and region-wise data, historic data (2017 to 2021), and forecast market size (2023 to 2027). View Sample Report
The last-mile delivery market covers the following areas:
Last Mile Delivery Market Sizing
Last Mile Delivery Market Forecast
Last Mile Delivery Market Analysis
Companies Mentioned
- C.H. Robinson Worldwide Inc.
- CEVA Logistics AG
- DB Schenker
- Deutsche Post AG
- DSV Panalpina AS
- CRST The Transportation Solution Inc.
- FedEx Corp.
- J.B. Hunt Transport Services Inc.
- Kerry Logistics Network Ltd.
- Kuehne Nagel Management AG
- LaserShip Inc.
- Nippon Express Holdings Inc.
- Postmates Inc
- Royal Mail Plc
- TForce Logistics
- TNT Holdings BV
- United Parcel Service Inc.
- United States Postal Service
- Werner Enterprises Inc.
- XPO Logistics Inc.
chrobinson.com- The company offers last mile delivery services such as in Home Room of Choice that includes a two person delivery team to place items in any room the customer chooses.
crst.com- The company offers last mile delivery services such as white glove delivery of big and bulky, non conveyable goods goods including furniture, appliances,and electronics into consumers homes.
dbschenker.com- The company offers last mile delivery such as Fulfillment Logistics services.
Related Reports:
Global Online On-Demand Food Delivery Services Market- The online on-demand food delivery services market is estimated to grow at a CAGR of 24.64% between 2022 and 2027. The size of the market is forecast to increase by USD 266.05 billion.
Online Grocery Delivery Services Market- The demand for online delivery services market upsurging, the market is forecast to increase by USD 652.45 billion at a CAGR of 19.43% between 2022 and 2027.
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Last Mile Delivery Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 15.62% |
Market growth 2023-2027 |
USD 165.6 billion |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
13.79 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 40% |
Key countries |
US, China, India, Germany, and France |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
C.H. Robinson Worldwide Inc., CEVA Logistics AG, DB Schenker, Deutsche Post AG, DSV Panalpina AS, CRST The Transportation Solution Inc., FedEx Corp., J.B. Hunt Transport Services Inc., Kerry Logistics Network Ltd., Kuehne Nagel Management AG, LaserShip Inc., Nippon Express Holdings Inc., Postmates Inc, Royal Mail Plc, TForce Logistics, TNT Holdings BV, United Parcel Service Inc., United States Postal Service, Werner Enterprises Inc., and XPO Logistics Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Service
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global last mile delivery market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global last mile delivery market 2017 - 2021 ($ billion)
- 4.2 Service Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Service Segment 2017 - 2021 ($ billion)
- 4.3 Application Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ billion)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Service
- 6.1 Market segments
- Exhibit 30: Chart on Service - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Service - Market share 2022-2027 (%)
- 6.2 Comparison by Service
- Exhibit 32: Chart on Comparison by Service
- Exhibit 33: Data Table on Comparison by Service
- 6.3 B2C - Market size and forecast 2022-2027
- Exhibit 34: Chart on B2C - Market size and forecast 2022-2027 ($ billion)
- Exhibit 35: Data Table on B2C - Market size and forecast 2022-2027 ($ billion)
- Exhibit 36: Chart on B2C - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on B2C - Year-over-year growth 2022-2027 (%)
- 6.4 B2B - Market size and forecast 2022-2027
- Exhibit 38: Chart on B2B - Market size and forecast 2022-2027 ($ billion)
- Exhibit 39: Data Table on B2B - Market size and forecast 2022-2027 ($ billion)
- Exhibit 40: Chart on B2B - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on B2B - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Service
- Exhibit 42: Market opportunity by Service ($ billion)
7 Market Segmentation by Application
- 7.1 Market segments
- Exhibit 43: Chart on Application - Market share 2022-2027 (%)
- Exhibit 44: Data Table on Application - Market share 2022-2027 (%)
- 7.2 Comparison by Application
- Exhibit 45: Chart on Comparison by Application
- Exhibit 46: Data Table on Comparison by Application
- 7.3 FMCG - Market size and forecast 2022-2027
- Exhibit 47: Chart on FMCG - Market size and forecast 2022-2027 ($ billion)
- Exhibit 48: Data Table on FMCG - Market size and forecast 2022-2027 ($ billion)
- Exhibit 49: Chart on FMCG - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on FMCG - Year-over-year growth 2022-2027 (%)
- 7.4 E-commerce - Market size and forecast 2022-2027
- Exhibit 51: Chart on E-commerce - Market size and forecast 2022-2027 ($ billion)
- Exhibit 52: Data Table on E-commerce - Market size and forecast 2022-2027 ($ billion)
- Exhibit 53: Chart on E-commerce - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on E-commerce - Year-over-year growth 2022-2027 (%)
- 7.5 Retail - Market size and forecast 2022-2027
- Exhibit 55: Chart on Retail - Market size and forecast 2022-2027 ($ billion)
- Exhibit 56: Data Table on Retail - Market size and forecast 2022-2027 ($ billion)
- Exhibit 57: Chart on Retail - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Retail - Year-over-year growth 2022-2027 (%)
- 7.6 Others - Market size and forecast 2022-2027
- Exhibit 59: Chart on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 60: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 61: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 62: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 7.7 Market opportunity by Application
- Exhibit 63: Market opportunity by Application ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 65: Chart on Market share by geography 2022-2027 (%)
- Exhibit 66: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 67: Chart on Geographic comparison
- Exhibit 68: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2022-2027
- Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.4 North America - Market size and forecast 2022-2027
- Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.5 Europe - Market size and forecast 2022-2027
- Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 China - Market size and forecast 2022-2027
- Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.9 US - Market size and forecast 2022-2027
- Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.10 Germany - Market size and forecast 2022-2027
- Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.11 India - Market size and forecast 2022-2027
- Exhibit 101: Chart on India - Market size and forecast 2022-2027 ($ billion)
- Exhibit 102: Data Table on India - Market size and forecast 2022-2027 ($ billion)
- Exhibit 103: Chart on India - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on India - Year-over-year growth 2022-2027 (%)
- 9.12 France - Market size and forecast 2022-2027
- Exhibit 105: Chart on France - Market size and forecast 2022-2027 ($ billion)
- Exhibit 106: Data Table on France - Market size and forecast 2022-2027 ($ billion)
- Exhibit 107: Chart on France - Year-over-year growth 2022-2027 (%)
- Exhibit 108: Data Table on France - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 109: Market opportunity by geography ($ billion)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 110: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 111: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 112: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 113: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 114: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 115: Matrix on vendor position and classification
- 12.3 C.H. Robinson Worldwide Inc.
- Exhibit 116: C.H. Robinson Worldwide Inc. - Overview
- Exhibit 117: C.H. Robinson Worldwide Inc. - Business segments
- Exhibit 118: C.H. Robinson Worldwide Inc. - Key news
- Exhibit 119: C.H. Robinson Worldwide Inc. - Key offerings
- Exhibit 120: C.H. Robinson Worldwide Inc. - Segment focus
- 12.4 CRST The Transportation Solution Inc.
- Exhibit 121: CRST The Transportation Solution Inc. - Overview
- Exhibit 122: CRST The Transportation Solution Inc. - Product / Service
- Exhibit 123: CRST The Transportation Solution Inc. - Key offerings
- 12.5 DB Schenker
- Exhibit 124: DB Schenker - Overview
- Exhibit 125: DB Schenker - Business segments
- Exhibit 126: DB Schenker - Key offerings
- Exhibit 127: DB Schenker - Segment focus
- 12.6 Deutsche Post AG
- Exhibit 128: Deutsche Post AG - Overview
- Exhibit 129: Deutsche Post AG - Business segments
- Exhibit 130: Deutsche Post AG - Key news
- Exhibit 131: Deutsche Post AG - Key offerings
- Exhibit 132: Deutsche Post AG - Segment focus
- 12.7 DSV Panalpina AS
- Exhibit 133: DSV Panalpina AS - Overview
- Exhibit 134: DSV Panalpina AS - Business segments
- Exhibit 135: DSV Panalpina AS - Key offerings
- Exhibit 136: DSV Panalpina AS - Segment focus
- 12.8 FedEx Corp.
- Exhibit 137: FedEx Corp. - Overview
- Exhibit 138: FedEx Corp. - Business segments
- Exhibit 139: FedEx Corp. - Key offerings
- Exhibit 140: FedEx Corp. - Segment focus
- 12.9 J.B. Hunt Transport Services Inc.
- Exhibit 141: J.B. Hunt Transport Services Inc. - Overview
- Exhibit 142: J.B. Hunt Transport Services Inc. - Business segments
- Exhibit 143: J.B. Hunt Transport Services Inc. - Key offerings
- Exhibit 144: J.B. Hunt Transport Services Inc. - Segment focus
- 12.10 Kerry Logistics Network Ltd.
- Exhibit 145: Kerry Logistics Network Ltd. - Overview
- Exhibit 146: Kerry Logistics Network Ltd. - Business segments
- Exhibit 147: Kerry Logistics Network Ltd. - Key news
- Exhibit 148: Kerry Logistics Network Ltd. - Key offerings
- Exhibit 149: Kerry Logistics Network Ltd. - Segment focus
- 12.11 LaserShip Inc.
- Exhibit 150: LaserShip Inc. - Overview
- Exhibit 151: LaserShip Inc. - Product / Service
- Exhibit 152: LaserShip Inc. - Key offerings
- 12.12 Nippon Express Holdings Inc.
- Exhibit 153: Nippon Express Holdings Inc. - Overview
- Exhibit 154: Nippon Express Holdings Inc. - Business segments
- Exhibit 155: Nippon Express Holdings Inc. - Key offerings
- Exhibit 156: Nippon Express Holdings Inc. - Segment focus
- 12.13 TNT Holdings BV
- Exhibit 157: TNT Holdings BV - Overview
- Exhibit 158: TNT Holdings BV - Product / Service
- Exhibit 159: TNT Holdings BV - Key offerings
- 12.14 United Parcel Service Inc.
- Exhibit 160: United Parcel Service Inc. - Overview
- Exhibit 161: United Parcel Service Inc. - Business segments
- Exhibit 162: United Parcel Service Inc. - Key offerings
- Exhibit 163: United Parcel Service Inc. - Segment focus
- 12.15 United States Postal Service
- Exhibit 164: United States Postal Service - Overview
- Exhibit 165: United States Postal Service - Business segments
- Exhibit 166: United States Postal Service - Key offerings
- Exhibit 167: United States Postal Service - Segment focus
- 12.16 Werner Enterprises Inc.
- Exhibit 168: Werner Enterprises Inc. - Overview
- Exhibit 169: Werner Enterprises Inc. - Business segments
- Exhibit 170: Werner Enterprises Inc. - Key offerings
- Exhibit 171: Werner Enterprises Inc. - Segment focus
- 12.17 XPO Logistics Inc.
- Exhibit 172: XPO Logistics Inc. - Overview
- Exhibit 173: XPO Logistics Inc. - Business segments
- Exhibit 174: XPO Logistics Inc. - Key offerings
- Exhibit 175: XPO Logistics Inc. - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 176: Inclusions checklist
- Exhibit 177: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 178: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 179: Research methodology
- Exhibit 180: Validation techniques employed for market sizing
- Exhibit 181: Information sources
- 13.5 List of abbreviations
- Exhibit 182: List of abbreviations
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